The economy is in danger of collapse unless far-reaching reforms are implemented.

除非实施影响深远的改革，否则经济就有崩溃的危险。

《柯林斯英汉双解大词典》

"Far-reaching reforms" are needed to assist global investment in areas such as infrastructure, a report says.

BBC: Warning over infrastructure spending

Without far reaching reforms you don't solve the reasons and the causes for the sovereign debt crisis.

CNN: Euro recession deepens: So what can the ECB do now?

Can a caretaker administration credibly agree on far-reaching reforms with a general election due on June 5th?

ECONOMIST: Portugal